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The Body Shop has shut down all of its US-based operations and will be closing dozens of Canadian store locations as it files for bankruptcy. In a news release earlier this month, the UK-based ...
The Body Shop has ceased its U.S. operations and is closing dozens of locations in Canada amid deepening financial struggles for the British beauty and cosmetics chain. The Body Shop's U.S. arm ...
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The Body Shop filed for administration on February 15, 2024, warning that a significant portion of its United Kingdom locations would close in the coming months. [66] Just a day later, its German branch collapsed into administration and ceased operations, and most of its European branches were also expected to be placed into administration the ...
On 1 March 2024, the Body Shop Canada filed for creditor protection and announced that it would cease online operations and close 33 locations out of 105. On the same day, the Body Shop USA closed all of its stores and ceased operations online. On 10 March, the Body Shop USA filed for Chapter 7 bankruptcy liquidation. [45]
Throughout the 21st century, retail businesses in Canada have felt the pressures of foreign store expansions into the country, as well as a shift towards online retail. As a result, closures have been a mix of stores unique to the nation, as well as newcomers like Target Canada.
In addition to the U.S. subsidiary shutting down, 33 stores in Canada are closing, along with dozens in the United Kingdom. The Body Shop was known for its sustainability and anti-animal cruelty ...
Pages in category "Companies that have filed for bankruptcy in Canada" The following 107 pages are in this category, out of 107 total. This list may not reflect recent changes .